Currier Museum Of Art
- Assets
- $107.9m
- Revenue
- $12.3m
- Investments
- $60.0m
- Employees
- 142
- Location
- Manchester, NH
- Founding
- 02/1921
- Data as of
- 06/2021
- EIN
- 02-0223322
Organization Overview
Currier Museum Of Art is located in Manchester, NH. The organization was established in 1921. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Currier Museum Of Art employed 142 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Currier Museum Of Art is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Currier Museum Of Art generated $12.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $6.7m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FOCUSED ON ART, CENTERED IN COMMUNITY, COMMITTED TO INSPIRE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLECTION: THE CURRIER MUSEUM OF ART COLLECTS, PRESERVES, RESEARCHES, AND MAKES ACCESSIBLE SIGNIFICANT WORKS OF ART. THE 14,000 OBJECTS IN THE COLLECTION, INCLUDING TWO HOUSES DESIGNED BY FRANK LLOYD WRIGHT AND A RECENTLY ACQUIRED HISTORIC 19TH CENTURY HOME, FORM THE BASIS OF THE MUSEUM'S EDUCATIONAL AND SOCIAL PROGRAMS. THE MUSEUM MAINTAINS STATE-OF-THE-ART STORAGE FACILITIES AND PRESERVES OBJECTS UNDER ITS CARE. IT MAKES THE COLLECTION FULLY ACCESSIBLE THROUGH THE WEB, PROGRAMS, PUBLICATIONS, AND SOCIAL MEDIA.
ANCILLARY SERVICES: IN ADDITION TO THE GALLERIES, THE MUSEUM FACILITIES INCLUDE CLASSROOMS, A 180-SEAT AUDITORIUM, A CAFE, A SHOP, AND OTHER SPACES.
EDUCATION AND COMMUNITY PROGRAMS. THE MUSEUM CREATES INNOVATIVE PROGRAMS FOR A WIDE VARIETY OF AUDIENCES. ALONG WITH INTENSIVE ONLINE PROGRAMMING, THESE INCLUDE SCHOOL TOURS, GUIDED VISITS, LECTURES, PERFORMANCES, AND LARGE-SCALE COMMUNITY EVENTS. SPECIAL PROGRAMS SERVE THE COMMUNITY, INCLUDING FAMILIES IMPACTED BY OPIOID ABUSE, ALZHEIMER'S PATIENTS AND THEIR CAREGIVERS, MILITARY VETERANS, IMMIGRANTS, CANCER PATIENTS AND THEIR CAREGIVERS, AND THOSE AFFECTED BY DISABILITIES. STUDIO-BASED CLASSES FOR CHILDREN AND ADULTS ARE RUN LIVE AND ONLINE. THE MUSEUM HAS AN ARTIST IN RESIDENCE PROGRAM THAT SUPPORTS INTERNATIONAL CONTEMPORARY ARTISTS WHO WORK ONSITE AND IN OUR COMMUNITY AT-LARGE.
EXHIBITIONS. THE MUSEUM NORMALLY PRESENTS SIX TO SEVEN SPECIAL EXHIBITIONS EACH YEAR, ALTHOUGH THIS SCHEDULE WAS REDUCED IN FY 2021 BECAUSE OF THE PANDEMIC. THE MUSEUM CREATED EXHIBITIONS FROM ITS PERMANENT COLLECTION AND IN COLLABORATION WITH NEW HAMPSHIRE ARTISTS TO RESPOND TO ISSUES OF EQUITY. A FULL RANGE OF EDUCATIONAL AND COMMUNITY PROGRAMS ARE PRESENTED FOR EACH EXHIBITION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Botnik Trustee | Trustee | 1 | $0 |
Micheal Costa Trustee | Trustee | 1 | $0 |
Andy Crews Trustee | Trustee | 1 | $0 |
Pamela Diamantis Trustee | Trustee | 1 | $0 |
M Christine Dwyer Trustee | Trustee | 1 | $0 |
Jeffrey D Gilbert Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,907,084 |
| Investment income | $653,657 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$24,243 |
| Net Gain/Loss on Asset Sales | $7,498,646 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $18,525 |
| Net Income from Sales of Inventory | $11,718 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,269,054 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $11,530 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $316,055 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,022,587 |
| Pension plan accruals and contributions | $48,843 |
| Other employee benefits | $135,265 |
| Payroll taxes | $173,537 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,010 |
| Fees for services: Accounting | $40,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $215,454 |
| Fees for services: Other | $68,861 |
| Advertising and promotion | $97,744 |
| Office expenses | $182,485 |
| Information technology | $129,659 |
| Royalties | $0 |
| Occupancy | $467,876 |
| Travel | $17,888 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,353 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $628,802 |
| Insurance | $86,608 |
| All other expenses | $0 |
| Total functional expenses | $6,684,858 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $542,514 |
| Savings and temporary cash investments | $1,558,099 |
| Pledges and grants receivable | $50,094 |
| Accounts receivable, net | $507,257 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $97,110 |
| Prepaid expenses and deferred charges | $108,033 |
| Investments—publicly traded securities | $30,915,228 |
| Investments—other securities | $59,977,299 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $107,852,000 |
| Accounts payable and accrued expenses | $128,005 |
| Grants payable | $0 |
| Deferred revenue | $267,534 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $395,539 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $107,456,461 |